Why This Form Is Important

• It is a sworn statement. The deponent "solemnly affirm[s] and declare[s]" each clause and signs as DEPONENT twice (after the clauses and after the verification), so every statement is a personal, signed declaration. A false sworn statement can carry legal consequences (general knowledge of Indian law, not taken from an official policy document).
• It ties the declarant to one specific property. The residence block and the property block (house/property no., floor, pocket, block, area, city, state, pin code) let the receiving authority match the declarant's identity to the exact property the affidavit concerns.
• It states the declarant's basis for dealing with the property. Clause 1 declares the deponent to be an allottee/ purchaser of the named property, which is the status on which the rest of the declarations rest.
• It declares the property free of disputes and irregularities. Clause 2 states there is no pending court case, dispute, misuse, illegal encroachment or unauthorized construction, so the authority can proceed without unresolved claims or violations on the property.
• It declares that the property carries no bank or financial-institution loan. Clause 2 states the declarant has not taken any loan from any bank/ financial institution against the property, so the authority has the owner's sworn word that no lender is attached to it.
• It guards against hidden transfers and altered papers. Clause 2 states that no agreement to sell and/or GPA exists in favour of any person, partially or fully, and that the original documents have not been tampered with, which protects against double dealing and document fraud.
• It is a financial and procedural undertaking. Clause 3 commits the declarant to pay any difference in conversion charges as finally determined by the Competent Authority and to execute the supplementary Conveyance Deed if required, so later demands do not stall the process or become a dispute. The word "supplementary" suggests an earlier conveyance deed exists (inferred from the wording; no official policy was provided).
• It records when and where the statement was verified. The verification block (day, month, year and place) fixes the date and location of the declaration and confirms the contents are true to the declarant's knowledge and belief, with nothing material concealed.